SOURCE: PotNetwork Inc.

PotNetwork Inc.

September 24, 2015 08:30 ET

PotNetwork Holdings Inc. Discloses Quarterly Revenues of $1.9 Million Revealing a Consistent Pattern of Record Breaking Earnings at $266,000

FT LAUDERDALE, FL--(Marketwired - Sep 24, 2015) - PotNetwork Holdings Inc., (OTC PINK: POTN) is pleased to announce that the Company has reported its unaudited financials for its fiscal second quarter of 2015. The Company has generated record gross sales of $1,902,549.00, with earnings for the second quarter of $266,025, revealing an increase just shy of 40% over the previous quarter, indicating that the Company continues to experience a strong pattern of growth.

Steve Buckner, President of Sunrise Auto Mall, stated: "We are very pleased that the numbers are continually increasing. The effort put forth by our team, along with the consistent local demand for reliable transportation, is empowering us to achieve greater heights as we move forward. We have set our sights on rolling out additional locations, and the better these numbers continue to look, the more invigorated we are about what the future holds for the Company and its shareholders."

"As Sunrise Auto Mall continues to trend upward in quarterly revenues, the audit continues, in preparation for up-listing the Company to a higher exchange. The Company announced in April that the Sunrise Auto Mall had reported its unaudited quarterly sales performance figures for the first quarter of 2015, revealing that the dealership had generated record gross sales of $1,458,567." Mr. Buckner continued: "As impressive as Management performance has been, Management is keenly aware of the fact that the stock continues trading undervalued. Because the stock has not been reflecting many of the Company's advancements, we are exploring a spectrum of restructuring options that will enable the Company to attract new investors."

Sunrise Auto Mall, Inc., was launched in June of 2014 as an operation geared toward enabling people challenged with bad or no credit in securing quality transportation while simultaneously rebuilding the client's credit. The company has developed a highly profitable business model around the continually rising subprime lending industry.

About PotNetwork Holdings Inc.: PotNetwork Holdings Incorporated is a publically traded Company with two wholly owned subsidiaries, PotNetwork Inc. and Sunrise Auto Mall Inc. PotNetwork Inc. is positioned to be the premier worldwide news and content provider for the Cannabis industry, and is developing into a 24/7 network. The network plans to achieve global reach by utilizing streaming video broadcasting technologies. Sunrise Auto Mall, Inc. is a first-rate pre-owned auto dealership, launched in June of 2014, as an operation geared toward enabling people challenged with bad or no credit in securing quality transportation while simultaneously rebuilding the client's credit. The company has developed a highly profitable business model around the continually rising subprime lending industry.

Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

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